Estee Lauder Companies Inc (EL) Stock: What Does the Chart Say Wednesday?

The market has been high on Estee Lauder Companies Inc (EL) stock recently. EL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Estee Lauder Companies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EL!

See Full EL Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EL Stock Today?

Estee Lauder Companies Inc (EL) stock is trading at $125.38 as of 2:55 PM on Wednesday, Nov 29, a rise of $0.01, or 0.01% from the previous closing price of $125.37. Volume today is light. So far 1,366,333 shares have traded compared to average volume of 3,250,512 shares. The stock has traded between $125.14 and $128.24 so far today.

More About Estee Lauder Companies Inc

Estee Lauder is the world leader in the global prestige beauty market, participating across skincare (59% of fiscal 2021 sales), makeup (26%), fragrance (12%), and haircare (3%) categories, with popular brands such as Estee Lauder, Clinique, MAC, La Mer, Jo Malone, Aveda, Bobbi Brown, Too Faced, Origins, Dr. Jart+, and The Ordinary. The firm operates in 150 countries, with 23% of fiscal 2021 revenue stemming from the Americas, 43% from Europe, the Middle East and Africa, and 34% from Asia-Pacific. The company sells its products through department stores, travel retail, multibrand specialty beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries. Click Here to get the full Stock Report for Estee Lauder Companies Inc stock.